Confederation News : Confederation Press Release on the Budget 2013
Confederation Secretary General Mr.K.K.N.Kutty has published a Press Statement on his official blog regarding the recent budget which was presented by the Finance Minister in the Parliament for the year 2013-14.
CONFEDERATION PRESS STATEMENT ON BUDGET 2013
CONFEDERATION OF CENTRAL GOVERNMENT EMPLOYEES AND WORKERS
Chq: Manishinath Bhawan, A/2/95 Rajouri Garden, New Delhi.110 027
E mail: firstname.lastname@example.org
28th February, 2013
Another pro-rich budget
The Union Budget 2013-14 presented by the Finance Minister Shri P. Chidambaram, today in the Parliament was extremely disappointing to the common working people . No doubt they have not expected any relief from this anti people Government and especially from its Finance Minister, Shri P.Chidambaram. However, they hoped against hope that the Government will read the discontent that is growing fast amongst the people, manifested admirably in the two day strike of the Indian Working Class on 20th and 21st. Despite the erosion of the real value of the wages due to the high rate of inflation, the wage earners genuinely thought that they would be provided with some relief by way of an adjustment of the non taxable maximum. While the give away to the corporate sector continued as the Finance Minister himself has noted in his budget speech in as much as the revenue foregone on direct taxes did register an increase from a lakh crore rupees to Rs. 1.13 lakh Crores in the last year he never felt the need to address the agony of the workers.